401(k) · DOL Form 5500 · 2023

Ward Mechanical Equipment, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
23
Participants Small participant base
53rd
Percentile by assets National rank
$339,772
Avg per participant High balance/head
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Official DOL plan name: Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan · Sponsored by Ward Mechanical Equipment, Inc. · Mississippi · Manufacturing

$8M in assets, 23 participants

Ward Mechanical Equipment, Inc.'s Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan reported $8M in total assets and 23 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,162 in Manufacturing (18,722 peers)

Ward Mechanical Equipment, Inc. multi-year trail

Ward Mechanical Equipment, Inc.'s plans moved -10.1% in assets from 2022 to 2024; this filing shows Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan at $8M / 23 participants.

#7,162
in Manufacturing (18,722 peers)
+12.5%
assets growth YoY

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,814,748 Top 47% higher than 53% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $866K in the plan year 2023 filing.
  • Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 640767218 · Ward Mechanical Equipment, Inc. PY 2023 · 401(k)

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan · $8M · 23 · 53rd

  • BOY $8M
  • SCH 23
  • EBSA 53rd
  • PART 401(k)
  • TYPE near P1 Technologies, Inc. 401(k) Plan
  • NET ind #7162

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Mississippi →

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing PlanWard Mechanical Equipment, I…$8MP1 Technologies, Inc. 401(k) PlanP1 Technologies, Inc. 401(k)…$8MGsc Enterprises, Inc. 401(k) PlanGsc Enterprises, Inc. 401(k)…$8MPolytainers, Inc. Profit Sharing/401(k) Retirement PlanPolytainers, Inc. Profit Sha…$8MInnovative Medical Devices, Inc. Profit Sharing PlanInnovative Medical Devices, …$8M
End-of-year total assets ($M) among Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ward Mechanical Equipment, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ward Mechanical Equipment, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 10.146969900612705% vs 2022
2024 filing year
$6M$6.5M$7M$7.5M$8M 202220232024 $6.95M $6.24M ▼ -10.2%
Year Plans Participants Total Assets
2022 1 23 $7M
2023 1 23 $8M
2024 1 24 $6M

Ward Mechanical Equipment, Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$866K
Employer EIN640767218
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Mississippi

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan, Total assets ($M): 7.814748 · Participants: 23Ward Mechanical Equipment, Inc. 401(k) Profit Sharing PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) Plan
Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is P1 Technologies, Inc. 401(k) Plan in VA ($8M); by covered participants it is Tri J Packaging, Inc. Retirement Plan in GA (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 12.5% during 2023, from $7M to $8M. Reported net income was $866K.
How have Ward Mechanical Equipment, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ward Mechanical Equipment, Inc.'s sponsor-wide assets declined 10.1%, from $7M to $6M.
Which 401(k) plans are similar in size to Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is P1 Technologies, Inc. 401(k) Plan in VA ($8M, 287 participants).
Which 401(k) plans cover a similar participant headcount to Ward Mechanical Equipment, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tri J Packaging, Inc. Retirement Plan in GA (23 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 640767218.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.